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Archive: April, 2021

Posts in April, 2021

IRDAI Guidelines for Practical Training for Surveyors & Loss Assessors

April 1, 2021 5468 Views 0 comment Print

a) Institutional Practical training for Two Months with National Insurance Academy (NIA) or Insurance Institute of India (III). This should include but not limited to the following: (i) Introduction to different types of policies, endorsements, various terminologies used in insurance, and nature of claims;

Standard Technical Note (Template)- Health Insurance

April 1, 2021 1644 Views 0 comment Print

In order to expedite the product clearance process, it has been decided to standardize the Technical Note so that insurers can provide all necessary details in a prescribed standard format. This will help to ensure uniformity amongst insurers in the matter of filing pricing and product related information for health insurance products.

Electronic filing & Issuance of Preferential CoO for India’s Exports under IMCECPA

April 1, 2021 723 Views 0 comment Print

lectronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (IMCECPA) w.e.f. 01st April 2021

Competition Commission of India (CCI) – March – 2021 Updates

April 1, 2021 1860 Views 0 comment Print

PRESS RELEASE 1 PRESS RELEASE No. 66/2020-21 – 17.03.2021 CCI issues order against three suppliers for rigging bids in tender floated by Pune Zilla Parishad for procurement of Picofall-cum-Sewing Machine The Competition Commission of India (CCI) has found an agreement between three suppliers, to rig the bids in respect of a tender floated by Pune […]

Recent Changes in Annual Return under Companies Act, 2013

April 1, 2021 3837 Views 0 comment Print

The MCA has notified the commencement date of clause (i) of Section 23 of the Companies (Amendment) Act, 2017 (Notification No. S.O. 1066 (E), Dated March 05, 2021) The MCA has notified March 05, 2021 as the commencement date of provision of clause (i) of Section 23 of the Companies (Amendment) Act, 2017 which seeks […]

Which Shares to Buy After The Budget?

April 1, 2021 1749 Views 0 comment Print

The Budget of 2021 has been pronounced and the market has shown moving in the upswing. The spending plan has given out a sign of another India. How to exchange or put in fact and essentially remembering the spending plan? How about we discover. Discussing the financial plan of 2021, at that point there is […]

Company Law Regulations applicable from 1st April 2021

April 1, 2021 2601 Views 1 comment Print

List of new regulations/provisions applicable with effect from 1st April 2021: 1. Corporate Social Responsibility -Every entity who undertakes CSR activity shall possess unique CSR registration number. -Every Company shall publish its CSR Policy, Composition of CSR Committee & Project approved by Board on its Website -CSR Committee to formulate and recommend the board, an […]

No bail in case of GST Evasion by availing wrongful ITC

April 1, 2021 1668 Views 0 comment Print

Manoj Kumar Garg Vs State (Meerut District Court) The statement of accused was recorded and the accused in his statement has admitted that no goods were received by his firm at his registered address from his suppliers and he claimed fake ITC on behalf of these fake firms. During investigation, the fifteen companies are found […]

Only product with solid section are classifiable as semi-finished products

April 1, 2021 1491 Views 0 comment Print

Technocraft Enterprise Vs C.C. (CESTAT Ahmedabad) We find that the essential dispute is if the product imported by the appellant falls under Chapter Heading 72249099 or Chapter Heading 73049000. The appellant is seeking classification of the product as semi-finished product of other alloy steel. it is seen that only product with solid section are classifiable […]

Levy of Penal Interest for Currency Chest Transactions Reporting

April 1, 2021 20115 Views 0 comment Print

Master Direction on Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances.Reporting of Currency Chest Transactions-The minimum amount of deposit into/withdrawal from currency chest will be Rs.1,00,000/- and thereafter, in multiples of Rs.50,000/-.

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